Are you a patient income investor, who hangs in there, even when one of your holdings is challenged by the market? Longtime energy investors' mettle has been tested in 2017, as the market has given many energy related equities the cold shoulder. We've been down this road before, only to recover - remember 2015, when oil crashed, and didn't bottom until February 2016? The distribution yield is 9.81%, but coverage dipped to .97 in Q3. Revenue grew 22%, net income rose 28%, EBITDA rose 34%, and DCF rose 13% in Q3. Parent company closed big Permian deal in Q3 - management sees expanded dropdown inventory as key to improving distribution coverage. Management is targeting 10% annual distribution growth through 2019.
Delek Logistics Partners LP (DKL) is an interesting case in point. It has outperformed AMLP, and, given its total return, (including its ~10% yield), has outperformed the market over the past year, but has lagged the market in 2017 thus far. Delek Logistics Partners LP owns and operates logistics and marketing assets for crude oil and intermediate and refined products in the United States. It operates in two segments, Pipelines and Transportation, and Wholesale Marketing and Terminalling.
Source: Seeking Alpha
Related Articles:
- 4 Higher-Yielding Stocks With A Low Price To Book
- Buy And Hold Is Not Buy And Forget
- 7 Stocks With A Vision Of Higher Dividends
- 6 Higher-Yielding Consumer Stocks With A History of Rising Dividends
- Are Defense Stocks Good Defensive Stocks?
________________________________________________________________
Subscribe to:
Post Comments (Atom)
Popular Posts Last 30 Days
-
Well-chosen dividend stocks are powerful wealth creators. They can add both growth and stability to your investment portfolio -- while putti...
-
High-yield stocks with low price-to-earnings ratios tend to do well over time. It’s also a good deal for investors when the earnings of the ...
-
Whenever a non-dividend-paying stock sets up a regular dividend policy, it is considered very, very good news. And that’s also why, whenever...
-
Dividend stocks are the Swiss army knives of the stock market. When dividend stocks go up, you make money. When they don't go up -- you ...
-
I wanted to find an ideal list of stocks with high dividend yields. The stocks would have to be cheap as well. And the dividends would have ...
-
As time passes, fewer investors are familiar with Peter Lynch. That’s a shame. The famous former Fidelity fund manager delivered astounding ...
-
I have chosen five stocks selling with dividend yields of 6%+ and with low payout ratios. The dividends of these stocks represent just 50% o...
-
It has been a glum time for ExxonMobil (NYSE:XOM) shareholders. Regardless of whether you’re looking at the past one year, five years, or te...
-
Buying and holding high-quality dividend stocks is one of the best ways for any investor to consistently beat the market over the long term....
-
Dividend-paying companies are beacons of profitability. Generally speaking, a company isn't going to share a percentage of its profit or...
0 comments
Post a Comment
Post a Comment
Note: Only a member of this blog may post a comment.